AllianceBernstein National Municipal Income Fund

AFB

Market cap $313M

NEW YORK , Oct. 8, 2025 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. (the "Fund"; NYSE: AFB), a registered closed-end investment company, announced today that it intends to use proceeds from the creation of tender option bond ("TOB") trusts by the Fund to redeem all of the Fund's currently outstanding 2018 Variable Rate MuniFund Term Preferred Shares ("2018 VMTPS") at a redemption price of $25,000 per share, plus accumulated but unpaid dividends.  The aggregate amount to be paid by the Fund in connection with the redemption of the 2018 VMTPS is $88.275 million, plus accumulated but unpaid dividends.

NEW YORK , Sept. 26, 2025 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB), a registered closed‑end investment company, today announced earnings for the Fund's third fiscal quarter ended July 31, 2025.

NEW YORK , Sept. 22, 2025 /PRNewswire/ -- The AllianceBernstein Closed-End Funds declared the following distributions today: FUND NAME AND DISTRIBUTIONS EX-DATE RECORD DATE PAYMENT DATE AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) 10/2/2025 10/2/2025 10/17/2025 $0.0655 per share of investment income AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB) 10/2/2025 10/2/2025 10/17/2025 $0.04657 per share of investment income The Funds are managed by AllianceBernstein L.P.

NEW YORK , Sept. 22, 2025 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. [NYSE: AFB] (the "Fund") today released its monthly portfolio update as of August 31, 2025.

NEW YORK , Aug. 25, 2025 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. [NYSE: AFB] (the "Fund") today released its monthly portfolio update as of July 31, 2025. AllianceBernstein National Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio % 1) Greenwood Independent School District Series 2024 5.00%, 02/15/49 3.67 % 2) Melissa Independent School District Series 2024-2 4.25%, 02/01/53 2.01 % 3) Commonwealth of Massachusetts Series 2024-A 5.00%, 01/01/54 2.00 % 4) Worthington City School District Series 2023 5.50%, 12/01/54 1.86 % 5) Metropolitan Washington Airports Authority Aviation Revenue Series 2025-2 5.50%, 10/01/55 1.85 % 6) State of Hawaii Airports System Revenue Series 2025-A 5.50%, 07/01/54 1.85 % 7) New York Transportation Development Corp. Series 2024 Zero Coupon, 12/31/54 1.84 % 8) Dallas Independent School District Series 2024-2 4.00%, 02/15/54 1.83 % 9) County of Miami-Dade FL Aviation Revenue Series 2025-A 5.50%, 10/01/55 1.82 % 10) Leander Independent School District Series 2025-A 5.00%, 08/15/55 1.81 % Investment Type Portfolio % State Breakdown Portfolio % Texas 17.67 % Florida 9.34 % California 8.09 % Illinois 7.57 % Wisconsin 6.95 % New York 6.35 % Massachusetts 5.01 % Ohio 4.13 % Pennsylvania 3.57 % South Carolina 2.86 % District of Columbia 2.59 % New Hampshire 2.53 % Michigan 2.34 % Colorado 2.08 % Arizona 2.02 % Louisiana 1.91 % Hawaii 1.85 % Minnesota 1.29 % Georgia 1.20 % Virginia 1.11 % Alabama 1.00 % Nebraska 0.95 % Indiana 0.82 % North Carolina 0.75 % Alaska 0.64 % Washington 0.51 % Tennessee 0.50 % Utah 0.44 % Oklahoma 0.39 % Maryland 0.37 % Arkansas 0.36 % New Jersey 0.36 % North Dakota 0.35 % Nevada 0.34 % Oregon 0.22 % Connecticut 0.19 % South Dakota 0.13 % Other 1.22 % Total Investments 100.00 % Net Currency Exposure Breakdown Portfolio % US Dollar 100.00 % Total Net Assets 100.00 % Credit Quality Breakdown Portfolio % AAA 15.44 % AA 31.01 % A 23.54 % BBB 16.47 % BB 7.19 % B 0.53 % Not Rated 4.58 % Pre-refunded Bonds 0.02 % Short Term Investments 1.22 % Total 100.00 % Bonds by Maturity Portfolio % Less than 1 Year 1.41 % 1 to 5 Years 0.18 % 5 to 10 Years 2.85 % 10 to 20 Years 14.84 % 20 to 30 Years 57.24 % More than 30 Years 23.48 % Other 0.00 % Total Net Assets 100.00 % Portfolio Statistics: AMT Percent: 22.86 % Average Coupon: 4.60 % Percentage of Leverage(based on gross assets): Bank Borrowing: 0.00 % Investment Operations: 2.32 % Auction Preferred Shares (APS): 0.00 % Tender Option Bonds: 12.88 % VMTP Shares: 15.65 % VRDP Shares: 17.73 % Total Fund Leverage: 48.58 % Average Maturity:    17.96 Years Effective Duration:    12.26 Years Total Net Assets: $322.75 Million Net Asset Value: $11.23 Total Number of Holdings: 173 Portfolio Turnover: 32.00 % * Investment Operations may include the use of certain portfolio management techniques such as credit default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities.

NEW YORK , Aug. 25, 2025 /PRNewswire/ -- The AllianceBernstein Closed-End Funds declared the following distributions today: FUND NAME AND DISTRIBUTIONS EX-DATE RECORD DATE PAYMENT DATE AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) 9/4/2025 9/4/2025 9/19/2025 $0.0655 per share of investment income AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB) 9/4/2025 9/4/2025 9/19/2025 $0.04657 per share of investment income   With respect to the AllianceBernstein National Municipal Income Fund, the distribution rate is $0.04657, which represents an increase of $0.00696 from the $0.03961 per share previously paid by the Fund. The increase is intended to align the Fund's monthly distributions with its current and projected earnings power.

NEW YORK , July 28, 2025 /PRNewswire/ -- The AllianceBernstein Closed-End Funds declared the following distributions today: FUND NAME AND DISTRIBUTIONS EX-DATE RECORD DATE PAYMENT DATE AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) 8/7/2025 8/7/2025 8/22/2025 $0.0655 per share of investment income AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB) 8/7/2025 8/7/2025 8/22/2025 $0.03961 per share of investment income The Funds are managed by AllianceBernstein L.P. View original content:https://www.prnewswire.com/news-releases/alliancebernstein-closed-end-funds-announce-distribution-rates-302515100.html SOURCE AllianceBernstein Closed-End Funds

NEW YORK, July 28, 2025 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc.[NYSE: AFB] (the "Fund") today released its monthly portfolio update as of June 30, 2025.

NEW YORK , June 27, 2025 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB), a registered closed–end investment company, today announced earnings for the Fund's second fiscal quarter ended April 30, 2025. Total net assets of the Fund* on April 30, 2025 were $337,926,439 as compared with $357,190,362 on January 31, 2025, and $350,576,798 on April 30, 2024.

NEW YORK , June 23, 2025 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. [NYSE: AFB] (the "Fund") today released its monthly portfolio update as of May 31, 2025.                AllianceBernstein National Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio % 1) Lamar Consolidated Independent School District Series 2023-A 5.00%, 02/15/53 2.67 % 2) Melissa Independent School District Series 2024-2 4.25%, 02/01/53 2.03 % 3) Commonwealth of Massachusetts Series 2025-2 5.00%, 01/01/54 1.97 % 4) Worthington City School District Series 2023 5.50%, 12/01/54 1.84 % 5) Public Authority for Colorado Energy Series 2008 6.50%, 11/15/38 1.84 % 6) New York Transportation Development Corp. Series 2024 Zero Coupon, 12/31/54 1.83 % 7) Dallas Independent School District Series 2024-2 4.00%, 02/15/54 1.82 % 8) State of Hawaii Airports System Revenue Series 2025-2 5.00%, 07/01/54 1.82 % 9) Greenwood Independent School District Series 2025-2 5.50%, 02/15/49 1.81 % 10) Rockwall Independent School District Series 2025-2 5.00%, 02/15/54 1.79 % Investment Type Portfolio % State Breakdown Portfolio % Texas 19.38 % Florida 8.75 % Illinois 7.88 % Wisconsin 6.49 % New York 6.41 % California 5.96 % Massachusetts 5.24 % Ohio 4.12 % Colorado 3.88 % South Carolina 3.52 % Pennsylvania 2.74 % Michigan 2.43 % New Hampshire 2.14 % New Jersey 2.10 % Alabama 1.90 % Hawaii 1.82 % Arizona 1.80 % Louisiana 1.72 % Nebraska 1.66 % Georgia 1.36 % Minnesota 1.28 % Virginia 1.05 % Indiana 0.83 % North Carolina 0.75 % Alaska 0.64 % Tennessee 0.51 % Washington 0.50 % Utah 0.43 % Oklahoma 0.38 % Maryland 0.37 % District of Columbia 0.36 % Arkansas 0.35 % North Dakota 0.35 % Nevada 0.34 % Oregon 0.23 % Connecticut 0.19 % South Dakota 0.13 % Other 0.01 % Total Investments 100.00 % Net Currency Exposure Breakdown Portfolio % US Dollar 100.00 % Total Net Assets 100.00 % Credit Quality Breakdown Portfolio % AAA 17.94 % AA 29.86 % A 24.24 % BBB 17.88 % BB 7.00 % B 0.52 % Not Rated 2.53 % Pre-refunded Bonds 0.02 % Short Term Investments 0.01 % Total 100.00 % Bonds by Maturity Portfolio % Less than 1 Year 0.20 % 1 to 5 Years 0.91 % 5 to 10 Years 2.78 % 10 to 20 Years 14.84 % 20 to 30 Years 62.53 % More than 30 Years 18.74 % Other 0.00 % Total Net Assets 100.00 % Portfolio Statistics: AMT Percent: 19.86 % Average Coupon: 4.75 % Percentage of Leverage(based on gross assets): Bank Borrowing: 0.00 % Investment Operations: 2.83 % Auction Preferred Shares (APS): 0.00 % Tender Option Bonds: 10.34 % VMTP Shares: 15.47 % VRDP Shares: 17.53 % Total Fund Leverage: 46.17 % Average Maturity:    17.42 Years Effective Duration:    12.06 Years Total Net Assets: $329.67 Million Net Asset Value: $11.47 Total Number of Holdings: 164 Portfolio Turnover: 32.00 % * Investment Operations may include the use of certain portfolio management techniques such as credit  default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities.